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Force Protection Receives $150.3 Million in Awards to Extend Field Service Representatives in Kuwait and Afghanistan

Submitted by: John Warner on Dec 16, 2011 at 4:50 am Tagged with: Defense Source: Force Protection

LADSON, S.C., Dec. 15, 2011 /PRNewswire/ -- Force Protection Industries, Inc., a FORCE PROTECTION, INC. (NASDAQ:FRPT)group company, today announced it has received two firm fixed price modification awards under contract M67854-07-D-5031 for the extension of field service representatives (FSR) in Afghanistan and Kuwait from U.S. Marine Corps Systems Command, totaling approximately $150.3 million.

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On December 12, 2011, Force Protection received an $88,860,348 firm fixed price modification under previously awarded contract (M67854-07-D-5031) for a 12-month renewal of 240 field service representatives to install liner blanket kits, install modernization safety kits, and conduct general maintenance work on the Cougar Mine Resistant Ambush Protected (MRAP) vehicle fleet supporting Operation Enduring Freedom. Work will be performed in the theater of operations throughout Afghanistan, and is expected to be completed December 31, 2012.

On December 14, 2011, Force Protection received a $61,569,512 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) for a 12-month renewal of 177 field service representatives to install independent suspension systems; conduct battle damage assessment and repair; install block modification kits; and perform maintenance to bring vehicles back to full mission capable status on the Cougar MRAP vehicle fleet. The modification also provides for FSR sponsorship, lodging, vehicle, bus, and heavy equipment rentals. All work will be performed at the MRAP sustainment facility in Kuwait, and is expected to be completed December 31, 2012.

Separately, Force Protection Europe Ltd., a subsidiary of Force Protection Industries, Inc. has received notices from the Australian Government that it has not been selected to continue as the preferred bidder on either of the REDFIN or Land 121 projects, ending Force Protection's participation in those competitions. Australia's REDFIN project is a program designed to provide up to 76 vehicles for the Australian Special Forces. Australia's Land 121 (MSA option) project is a program designed to provide approximately 1,300 vehicles and trailers, as well as related long-term support, for Australia's core fleet of military assets.

About Force Protection, Inc.

Force Protection, Inc. is a leading designer, developer and manufacturer of survivability solutions, including blast- and ballistic-protected wheeled vehicles currently deployed by the U.S. military and its allies to support armed forces and security personnel in conflict zones. The Company's specialty vehicles, including the Buffalo, Cougar, Ocelot and the related variants of each, are designed specifically for reconnaissance and other operations and to protect their occupants from landmines, hostile fire, and improvised explosive devices (commonly referred to as roadside bombs). Complementing these efforts, the Company is designing, developing and marketing the JAMMA, a new vehicle platform that provides increased modularity, transportability, speed and mobility. The Company also develops, manufactures, tests, delivers and supports products and services aimed at further enhancing the survivability of users against additional threats.

In addition, the Company provides long-term life cycle support services of its vehicles that involve development of technical data packages, supply of spares, field and depot maintenance activities, assignment of skilled field service representatives, and advanced driver and maintenance training programs. For more information on Force Protection and its products and services, visit www.forceprotection.net.